Financial Analyst
2 weeks ago
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value.
Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.
When you are part of Magellan, you are part of the team
Position Summary
Magellan Aerospace, Limited is looking for a Financial Analyst to join our Corporate team. The successful incumbent will be responsible for accounting and financial reporting of corporate entities and treasury reporting, and assist in group consolidation and reporting, budgeting and forecasting. Reporting to the Assistant Controller and Director of Financial Services, the Financial Analyst will build relationships with the other teams and divisions and providing ad-hoc analysis
Essential Responsibilities
Responsible for accurate financial records of corporate companies, including recording transactions and preparing accounts reconciliations
Prepare and analyze monthly financial statements for corporate companies in a timely manner
Assist in the monthly consolidation process, specifically intercompany elimination
Prepare quarterly and annual audit working paper for the external auditors, including note disclosures supports
Assist in budgeting and monthly forecasting processes, including preparing back-up schedules and performing analytical reviews
Responsible for daily cash accounting and reporting, including performing daily cash reconciliation and intercompany reconciliations
Coordinate and process the settlement of inter-company transactions on a monthly basis, and intercompany funding transactions as they arise
Prepare divisional and consolidated cash analysis and reports (AR, AP, CAPEX, borrowing and investing)
Execute day-to-day banking operation and resolve issues as they arise
Participate in team initiatives to implement process improvements for financial reporting and treasury
Complete Statistic Canada and Bureau of Economic Analysis surveys
Assist with special, on-off projects.
Position Requirements
University degree in Accounting, Finance or equivalent
Professional designation or working towards a professional designation
A minimum of 2 years of experience in financial accounting, reporting and analysis
Strong analytical skills and an effective communicator
Deadline driven, strong attention to detail and efficiency oriented with continuous improvement mindset
Knowledge and experience with Sage 50, Prophix or other accounting software would be an asset
Ability and willingness to take ownership and responsibilities of projects
Why Magellan?
Competitive salary
Attractive benefits package (fully Company paid)
Generous Company pension plan
Positive work-life balance
Excellent career progression opportunities
Employee Assistance Program
On-site gym
Free parking
**COVID-19 Protocol**:
Confidentiality
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